Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 SC444923 Mr IVAN SHAW iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC444923 2024-03-31 SC444923 2025-03-31 SC444923 2024-04-01 2025-03-31 SC444923 frs-core:CurrentFinancialInstruments 2025-03-31 SC444923 frs-core:Non-currentFinancialInstruments 2025-03-31 SC444923 frs-core:ComputerEquipment 2025-03-31 SC444923 frs-core:ComputerEquipment 2024-04-01 2025-03-31 SC444923 frs-core:ComputerEquipment 2024-03-31 SC444923 frs-core:FurnitureFittings 2025-03-31 SC444923 frs-core:FurnitureFittings 2024-04-01 2025-03-31 SC444923 frs-core:FurnitureFittings 2024-03-31 SC444923 frs-core:MotorVehicles 2024-04-01 2025-03-31 SC444923 frs-core:PlantMachinery 2025-03-31 SC444923 frs-core:PlantMachinery 2024-04-01 2025-03-31 SC444923 frs-core:PlantMachinery 2024-03-31 SC444923 frs-core:ShareCapital 2025-03-31 SC444923 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 SC444923 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC444923 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 SC444923 frs-bus:SmallEntities 2024-04-01 2025-03-31 SC444923 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 SC444923 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC444923 frs-bus:Director1 2024-04-01 2025-03-31 SC444923 frs-countries:Scotland 2024-04-01 2025-03-31 SC444923 2023-03-31 SC444923 2024-03-31 SC444923 2023-04-01 2024-03-31 SC444923 frs-core:CurrentFinancialInstruments 2024-03-31 SC444923 frs-core:Non-currentFinancialInstruments 2024-03-31 SC444923 frs-core:ShareCapital 2024-03-31 SC444923 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: SC444923
ILS Property Services Ltd
Financial Statements
For The Year Ended 31 March 2025
Donoghue & Co. Ltd
19a Wellside Place
Falkirk
FK1 5RL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC444923
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,000 10,001
8,000 10,001
CURRENT ASSETS
Debtors 5 20,443 20,443
Cash at bank and in hand 25 66
20,468 20,509
Creditors: Amounts Falling Due Within One Year 6 (45,555 ) (40,394 )
NET CURRENT ASSETS (LIABILITIES) (25,087 ) (19,885 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,087 ) (9,884 )
Creditors: Amounts Falling Due After More Than One Year 7 - (7,683 )
NET LIABILITIES (17,087 ) (17,567 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (17,187 ) (17,667 )
SHAREHOLDERS' FUNDS (17,087) (17,567)
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr IVAN SHAW
Director
23rd December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ILS Property Services Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC444923 . The registered office is 89 Grahams Road, Falkirk, Stirlingshire, FK2 7DD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 3 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 21,852 2,565 977 25,394
As at 31 March 2025 21,852 2,565 977 25,394
Depreciation
As at 1 April 2024 12,902 1,514 977 15,393
Provided during the period 1,790 211 - 2,001
As at 31 March 2025 14,692 1,725 977 17,394
Net Book Value
As at 31 March 2025 7,160 840 - 8,000
As at 1 April 2024 8,950 1,051 - 10,001
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 20,443 20,443
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 20,248 28,269
Other taxes and social security 10,064 1,859
Director's loan account 15,243 10,266
45,555 40,394
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 7,683
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4